2/5/16 - EOD Analysis with Levels and auto-Signals

Nifty 50  spot

7822.70

7829.80

7777.30

7805.90

Pivot @ 7804.33 and MP @ 7803.55. As per pre-open levels, it did not trigger on upside but achieved 3 levels on downside and beyond. As per D-Vol also, thought it did not reach to trigger on downside, but achieved 3 levels on downside. Trend continues to show "Short".

M	7894	7474	7738	BD	X
W	7864	7702	7790	BD	X
D	7902	7814	7857	X	SS
H	7818	7797	7807	X	X

Monthly and weekly have suggested to "Buy at Decline", but Daily continued with signal of "Short" and Hourly showed Neutral position. First signal of Reversal may be seen with Close above 7814 - WLEma. 

Resistances: (7807-14-18-64-94) - 7902.

Supports: (7797-90-77-38-02)

Nifty Bank spot  

16614.00

16674.15

16519.55

16543.00

Pivot @ 16578.90 and MP @ 16596.85. As per pre-open levels, it triggered on upside and downside but not beyond, but achieved all 3 downside levels as per D-Vol. Trend weakened.

M	16774	15502	16323	BD	X
W	16597	16089	16417	RST	X
D	16809	16564	16684	X	SS
H	16623	16547	16580	X	S

Hourly and Daily signaled Short as closed below respective Lows - 16547 and 16564. Weekly showed Resistance at high - 16597 but Monthly suggested "Buy at Decline". 

Resistances: (16547-64-80) - (16623-84) - 16774.

Supports: 16520 - 16417 - 16323.